Market News | HKTDC Hong Kong International Home Textiles and Furnishings Fair

Market News Picture
Local Demand Fuelling Philippine Furniture Makers’ Faith in Future Growth
Jun 2025

Furniture businesses at Manila trade show say a big increase in domestic sales is quashing concern over looming tariffs and tighter regulations.

Market News Picture
High Cost Philippine Handcrafted Interior Items Prove Commercially Viable
Jun 2025

Tailored designs and classic craftsmanship are still worth paying a premium for, judging by the interest at one of Manila’s leading interior events.

Market News Picture
Publication of the First ESPR Working Plan
Jun 2025

On April 16, 2025, the European Commission approved the first working plan under the ESPR. This plan places a focus on sectors such as textiles, furniture, tyres, mattresses, iron, steel, aluminium, and incorporates overarching criteria like repairability and recyclability. It is crucial for Hong Kong traders to stay vigilant, keeping track of evolving regulations, delegated acts, and product requirements to guarantee compliance with EU directives for goods destined for the European market.

Market News Picture
CBP Rules on Origin of Meeting Tables Made with Mainland Chinese Components
May 2025

CBP recently issued a final determination concerning the country of origin of certain meeting tables made with Mainland Chinese components that may be offered to the U.S. government.

Market News Picture
Philippine Furniture Businesses Out in Force to Leverage Manila Show
May 2025

The Philippine International Furniture Show proved an ideal platform for designers and exporters to showcase their portfolios.

Market News Picture
North America’s E-Commerce Market Holds Vast Potential
Feb 2025

North American consumers are accustomed to using search engines to browse through product information and refer to online reviews on popular websites before making purchases online. Hence, e-commerce businesses in North America often use search engine optimisation (SEO) strategies and place ads on online media to increase brand visibility and traffic flows.

Market News Picture
BANGLADESH: 10-Year Tax Exemption Plan for Renewable Energy Projects
Nov 2024

The Bangladeshi government has announced that renewable energy projects in the country will get a 10-year tax exemption. The National Board of Revenue (NBR) issued a notification on 29 October 2024 granting renewable energy projects 100% tax exemption for the first five years, 50% for the next three, and 25% for the following two years. The tax holiday will apply to power plants starting commercial operations between 1 July 2025 and 30 June 2030. Eligible plants are those built under the build-own-operate (BOO) model outlined in the Private Sector Power Generation Policy. The plants should meet all policy conditions and be operated according to the policy guidelines.

Market News Picture
Higher Duties for Certain Upholstery Fabric
Aug 2024

U.S. Customs and Border Protection has reclassified effective from 14 October certain woven upholstery fabric as other woven fabrics under HTSUS 5515.12.00 (12 percent duty) rather than as coated textile fabrics under HTSUS 5903.90.2500 (7.5 percent duty).

Market News Picture
Mainland Manufacturers Jostle for Stake in Saudi Building Boom
Apr 2024

Mainland exhibitors at CTW Saudi Arabia trust in technical prowess and ESG compliance as routes into Middle East construction market.

Market News Picture
Local Companies Seek Mainland Partners Amid Saudi Construction Boom
Mar 2024

As well as seeking clients, local exhibitors at the Saudi International Construction & Interior Design Expo were keen to tap into Chinese expertise.

Go to Page